Columbus State Community College
Intel Investing $100 Million in Semiconductor Education

Intel Investing $100 Million in Semiconductor Education

March 18, 2022
Programs will take place in Ohio, the location of its new plants, as well as across the country through matching funds from the U.S. National Science Foundation.

IndustryWeek's curated collection of semiconductor news

As the U.S. is building up its semiconductor manufacturing capacity with new plants, most notably the $20 billion new fabrication site announced by Intel on January 21, the worker shortage needs to be addressed as well.

In announcing the new plant the company said that 3,000 jobs will be created by 2025. To support educational efforts to ensure that there are trained workers for these jobs, Intel announced on March 17 that it will invest $100 million over the next ten years to provide education and research collaboration with academic institutions including universities, community colleges and technical education.

“At Intel, we strongly believe that investing in education is necessary to ensure we have the right talent to support our growth and help the U.S. regain leadership in semiconductor manufacturing, said Christy Pambianchi, Intel executive vice president and chief people officer, in a statement. "Our goal is to bring these programs and opportunities to a variety of two-year and four-year colleges, universities, and technical programs, because it is critical that we expand and diversify STEM education. Intel is committed to preparing America’s workforce with the technology skills needed now and into the future.”

In Ohio, where the plants will be located, Intel will invest $50 million directly in Ohio higher education institutions, over the next ten years with part of the funds going to create the Intel Semiconductor Education and Research Program for Ohio.

An additional $50 million will be matched by the U.S. National Science Foundation (NSF), which will be asking for proposals from educators for a curriculum that aims to improve STEM education at two-year colleges and four-year universities.  They are also asking for research that advances semiconductor design and manufacturing. 

Popular Sponsored Recommendations

ESOP’s and Employee Ownership Culture

March 18, 2024
Unlock the power of ESOPs & employee ownership culture! Learn how to build a strong foundation for success & engagement in your business.

Sale Leasebacks: Generating Cash for Manufacturers

April 4, 2024
Factories and distribution facilities can generate capital expenditure funds or operating cash by selling their facilities and leasing the property back.

The Guide to Eliminate Hidden Wastes in Your Factory

June 28, 2023
Eliminating waste is important in factory operations. Still, eliminating waste is often easier said than done. Small operator disturbances that are often overlooked can result...

Getting the Most From Integrated Business Planning: A Collection

Feb. 22, 2024
Through this series of articles, you’ll get a definitive look at the power of IBP and how to leverage that power.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!